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Required Information {The following information applies to the questions displayed below.) Project Arequires a $295,000 initial investment for new machinery with a five year life

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Required Information {The following information applies to the questions displayed below.) Project Arequires a $295,000 initial investment for new machinery with a five year life and a salvage value of $38,000. The company uses straight-line depreciation Project A is expected to yield annual net income of $20,100 per year for the next five years Compute Project A's payback period. Choose Numerator Payback Period Choose Denominator: = Payback Period - Payback period

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